Answered

The value of all final goods and services produced within a country in a given year is called:

A. gross international product
B. gross domestic product
C. annual economy size
D. gross demand product



Answer :

GinnyAnswer

Final answer:

GDP is the total value of goods and services produced in a country in a year.


Explanation:

Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country in a given period, typically a year. It is calculated using the formula: GDP = C + I + G + (X - M). GDP provides a comprehensive measure of a country's economic performance.


Learn more about Gross Domestic Product (GDP) here:

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